Exhibit 12.1
Fluidigm Corporation
Ratio of earnings to fixed charges
Fiscal Years 2008 through 2012 & Nine months ended September 30, 2013
Fiscal Year Ended | ||||||||||||||||||||||||
December 27, 2008 | December 31, 2009 | December 31, 2010 | December 31, 2011 | December 31, 2012 | 9-mths Ended Sept. 30, 2013 | |||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Net loss attributed to common stockholders before income taxes | $ | (29,646 | ) | $ | (19,178 | ) | $ | (16,819 | ) | $ | (22,304 | ) | $ | (18,888 | ) | $ | (11,788 | ) | ||||||
Add: Combined fixed charges and preference dividends | 2,562 | 3,761 | 2,908 | 3,578 | 1,006 | 704 | ||||||||||||||||||
Less: Capitalized interest | — | — | — | — | — | — | ||||||||||||||||||
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Total earnings for computation of ratio | (27,084 | ) | (15,417 | ) | (13,911 | ) | (18,726 | ) | (17,882 | ) | (11,084 | ) | ||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest expense including capitalized interest | 2,031 | 2,876 | 2,158 | 3,101 | 628 | 13 | ||||||||||||||||||
Estimated interest component of rent | 531 | 885 | 750 | 477 | 378 | 691 | ||||||||||||||||||
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Total fixed charges | 2,562 | 3,761 | 2,908 | 3,578 | 1,006 | 704 | ||||||||||||||||||
Combined fixed charges and preference dividends: | ||||||||||||||||||||||||
Interest expense including capitalized interest | 2,031 | 2,876 | 2,158 | 3,101 | 628 | 13 | ||||||||||||||||||
Estimated interest component of rent | 531 | 885 | 750 | 477 | 378 | 691 | ||||||||||||||||||
Deemed dividend | — | — | — | 9,900 | — | — | ||||||||||||||||||
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Total combined fixed charges and preference dividends | $ | 2,562 | $ | 3,761 | $ | 2,908 | $ | 13,478 | $ | 1,006 | $ | 704 | ||||||||||||
Ratio of earnings to fixed charges (1) | — | — | — | — | — | — | ||||||||||||||||||
Ratio of earnings to combined fixed charges and preference dividends (1) | — | — | — | — | — | — |
(1) | Earnings for 2008, 2009, 2010, 2011 and 2012 and the nine months ended September 30, 2013 were insufficient to cover fixed charges by $29.6 million, $19.2 million, $16.8 million, $22.3 million, $18.9 million and $11.8 million, respectively. |